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Concern over retention says employment survey

Concern over retention says employment survey

A recent survey undertaken by specialist technical and engineering recruiter CBSbutler has found that over 60% of employers have concerns about losing key staff in a recovery. The survey, which questioned over 300 organisations, revealed an underlying threat of a disenfranchised workforce which may be biding its time until things get better. Couple that with the latest employee outlook research from the CIPD which has found that that job satisfaction has dipped significantly compared with the Spring and Summer and it is not hard to see why employers may be worried for the future. The CIPD research also found that 40% of employees would look to change jobs during the next year suggesting a potential exodus of talent when the job market recovers.

David Leyshon Managing Director of CBSbutler says that the survey results should act as an early warning system for employers. Arguably, many organisations may feel that their employees should just be grateful to have a job, but even in a recession, employee engagement is crucial for long term retention strategies. Leyshon gives the following advice:
Undertake regular employee satisfaction surveys to identify gaps and areas for improvement.

Keep People in the picture: Ensure that there is frequent, honest and transparent communication with employees and stakeholders.

Build and protect the culture: Its important to stay focused on your culture, people and values as in a downturn this is the area most likely to get compromised.

Support your team leaders: Make sure they understand their strengths and development areas.

Focus: Keep your workforce focused on short term delivery and effective execution
Be co-operative and collaborative: Managers should work with their HR Teams, who need to proactively own and partner with Team Leaders / Managers to help them keep staff motivated and morale high.

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